WINTON GROUP Ltd Has $5.84 Million Holdings in The Charles Schwab Corporation $SCHW

WINTON GROUP Ltd increased its stake in shares of The Charles Schwab Corporation (NYSE:SCHW) by 141.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,176 shares of the financial services provider’s stock after acquiring an additional 35,860 shares during the period. WINTON GROUP Ltd’s holdings in Charles Schwab were worth $5,840,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHW. LGT Fund Management Co Ltd. raised its holdings in shares of Charles Schwab by 68.7% in the 3rd quarter. LGT Fund Management Co Ltd. now owns 30,577 shares of the financial services provider’s stock valued at $2,821,000 after purchasing an additional 12,448 shares during the period. Russell Investments Group Ltd. boosted its stake in Charles Schwab by 11.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,815,901 shares of the financial services provider’s stock valued at $173,582,000 after purchasing an additional 188,251 shares during the period. Schroder Investment Management Group grew its stake in shares of Charles Schwab by 7.5% in the third quarter. Schroder Investment Management Group now owns 1,122,487 shares of the financial services provider’s stock valued at $108,758,000 after acquiring an additional 78,195 shares in the last quarter. Diversify Advisory Services LLC grew its position in shares of Charles Schwab by 30.7% during the 3rd quarter. Diversify Advisory Services LLC now owns 23,490 shares of the financial services provider’s stock worth $2,188,000 after purchasing an additional 5,524 shares in the last quarter. Finally, ProVise Management Group LLC grew its position in Charles Schwab by 2.5% during the third quarter. ProVise Management Group LLC now owns 186,007 shares of the financial services provider’s stock worth $17,758,000 after buying an additional 4,549 shares in the last quarter. 84.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SCHW. Morgan Stanley lifted their price objective on shares of Charles Schwab from $139.00 to $148.00 and gave the company an “overweight” rating in a research note on Monday, December 22nd. Truist Financial upped their price objective on Charles Schwab from $120.00 to $122.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Barclays raised their target price on Charles Schwab from $125.00 to $126.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Weiss Ratings restated a “hold (c+)” rating on shares of Charles Schwab in a research report on Thursday, January 22nd. Finally, UBS Group upped their target price on Charles Schwab from $123.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $115.95.

Charles Schwab Price Performance

NYSE SCHW opened at $94.46 on Tuesday. The firm’s 50-day simple moving average is $99.61 and its two-hundred day simple moving average is $96.44. The company has a market cap of $165.51 billion, a PE ratio of 20.27, a price-to-earnings-growth ratio of 0.77 and a beta of 0.93. The Charles Schwab Corporation has a 52 week low of $65.88 and a 52 week high of $107.50. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.52.

Charles Schwab (NYSE:SCHW) last announced its quarterly earnings results on Wednesday, January 21st. The financial services provider reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.07. The firm had revenue of $6.34 billion for the quarter, compared to analysts’ expectations of $6.19 billion. Charles Schwab had a return on equity of 21.97% and a net margin of 37.01%.The company’s revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.01 earnings per share. Charles Schwab has set its FY 2026 guidance at 5.700-5.800 EPS. Research analysts predict that The Charles Schwab Corporation will post 4.22 earnings per share for the current year.

Charles Schwab Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 13th were issued a $0.32 dividend. This is an increase from Charles Schwab’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, February 13th. This represents a $1.28 annualized dividend and a yield of 1.4%. Charles Schwab’s dividend payout ratio (DPR) is 27.47%.

Insider Buying and Selling at Charles Schwab

In other Charles Schwab news, Director Christopher V. Dodds sold 11,825 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $104.55, for a total value of $1,236,303.75. Following the sale, the director owned 449,406 shares in the company, valued at approximately $46,985,397.30. This represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Dennis Howard sold 27,903 shares of Charles Schwab stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $95.02, for a total transaction of $2,651,343.06. Following the completion of the transaction, the insider directly owned 10,470 shares of the company’s stock, valued at $994,859.40. This trade represents a 72.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 415,568 shares of company stock worth $42,639,058. 6.30% of the stock is owned by corporate insiders.

About Charles Schwab

Charles Schwab Corporation (NYSE: SCHW) is a diversified financial services firm that provides brokerage, banking, wealth management and advisory services to individual investors, independent investment advisors and institutional clients. Its primary offerings include retail brokerage accounts, online trading platforms, Schwab-branded mutual funds and exchange-traded funds (ETFs), retirement plan services, custodial services for independent Registered Investment Advisors (RIAs), and banking products through Charles Schwab Bank.